Page 104 - Joe Biden

White House, Republicans reach deal to raise debt ceiling, avert US default

An agreement in principle between President Joe Biden and House Speaker Kevin McCarthy would raise the nation's legal debt ceiling, but now Congress has only days to approve a package that includes spending cuts and would avert a potentially disastrous US default. The compromise announced late Saturday risks angering both Democratic and Republican lawmakers as they begin to unpack the concessions. Negotiators agreed to some Republican demands for increased work requirements for recipients of food stamps that House Democrats had called a nonstarter. But bargainers stopped short of greater spending cuts overall that Republicans wanted. Support from both parties will be needed to win congressional approval before a projected June 5 government default on US debts. Lawmakers are not expected to return to work from the Memorial Day weekend before Tuesday, at the earliest, and McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting. White Hous

Biden, McCarthy speak on debt crisis; GOP negotiator says issues remain

President Joe Biden and House Speaker Kevin McCarthy spoke directly Saturday evening as they raced to strike an agreement that would resolve the looming debt crisis ahead of a June 5 deadline and avert a catastrophic US default. Biden also spoke earlier in the day with Democratic leaders in Congress to discuss the status of the talks, according to three people familiar with the situation, who spoke on condition of anonymity because they were not authorized to discuss the matter publicly. But the two sides have not reached a deal yet. "Big, thorny issues remain, one of the top negotiators, Rep. Patrick McHenry, R-N.C., told reporters in the evening. Some of those outstanding issues he said the president and speaker have to resolve at that level. The Republican House speaker gathered top allies behind closed doors at the Capitol as negotiators pushed for a deal that would raise the nation's borrowing limit and avoid a first-ever default on the federal debt, while also making spending

Will work on issue of immigration, says Biden's top aide Neera Tanden

Indian-American public policy expert Neera Tanden has said her experience as a daughter of immigrants is akin to many immigrants in the US and she will work on the issue of immigration in her new role as the White House Domestic Policy Advisor. Tanden, 52, on Saturday replaces former US National Security Advisor Susan Rice as the White House Domestic Policy Advisor, which is considered to be one of the most powerful positions inside the White House. Currently I'm Staff Secretary, and tomorrow I'm going toI'm extremely enthusiastic about taking over as Domestic Policy Council Advisor. My experience is like many immigrants in the United States as children of immigrants," Tanden told PTI on Friday. "My father came here from India in the early 1950s, and my mother came in the 1960s. They moved to Bedford, Massachusetts, a suburb of Boston. They were the only Indian family in that community. So, I felt a part of that community, but also a little bit different, she said. Tanden, a close

'Crunch' time in debt ceiling talks, as McCarthy, Biden reach for a deal

House Speaker Kevin McCarthy and his Republican debt negotiators hit crunch time on Friday at the Capitol, straining to wrap up an agreement with President Joe Biden to curb federal spending and lift the nation's borrowing limit ahead of a fast-coming deadline. They hope to end weeks of frustrating talks and strike a deal by this weekend. Treasury says the government could start running out of money as soon as next Thursday, sending the US into a potentially catastrophic default with economic spillover around the world. Anxious retirees and social service groups were among those making default contingency plans as lawmakers left town for the long holiday weekend. The next batch of Social Security checks are due to go out next week. The world is watching," said International Monetary Fund Managing Director Kristalina Georgieva, meeting Friday with Treasury Secretary Janet Yellen. Let's remember we are now in the 12th hour. Democrat Biden and the Republican speaker were narrowing ...

Modi-Biden talks to revolve around peace, people during visits: US Envoy

: The discussions during the upcoming state visit of Prime Minister Narendra Modi to the US and American President Joe Biden's trip to India will revolve around four Ps- Peace, Prosperity, Planet, and People, said a top diplomat of the US here on Friday. U.S. Ambassador to India Eric Garcetti who was in the city, told reporters that the entire planet is counting on the friendship between India and US and the deepening ties. In four months, our leaders will meet thrice face-to-face, and probably as I said it feels natural I think as I said those four Ps- peace, prosperity, work on our planet, and connecting our people will be what you see when Prime Minister (Modi) comes to Washington and you'll see a further reflection and deepening that when the president (Biden) comes here to India.. I hope that he (Biden) will have a chance not just visit the capital Delhi but maybe go someplace else in the country as well, the envoy said when asked about the main agenda of the leaders' visit. P

Emerging US debt deal would raise limit, cap spending for two years

Under the terms of the emerging agreement, defense spending would be permitted to rise 3% next year in line with President Joe Biden's budget request

Kevin McCarthy, bracing for defections, eyes fraught path to deal

The political reality is weighing on both Republicans and Democrats in the debt-limit talks, which continued Tuesday on Capitol Hill with no sign of imminent resolution

Biden getting requests for Modi's state dinner invite shows excitement: WH

President Joe Biden receiving a large number of requests to the state dinner he is hosting for Prime Minister Narendra Modi shows the excitement level, the White House has said. I think that is a good thing. That shows the excitement of the prime minister being here on June 22, White House Press Secretary Karine jean-Pierre told reporters at her daily news conference on Tuesday. She was responding to a question on President Biden receiving a large number of requests from Indian-Americans across his administration, lawmakers and corporate sector leaders seeking an invitation to the much sought after state dinner he and First Lady Jill Biden are hosting for Modi next month. I think that is a good thing, to get those requests. I think that is important and show why it is critical to continue growing that partnership that we have with India, Jean-Pierre said. The president and the first lady looking forward to welcoming Prime Minister Modi for the official state visit, which is as we .

Biden picks new NSA head, key to support Ukraine, defense of US elections

President Joe Biden has chosen a new leader for the National Security Agency and US Cyber Command, a joint position that oversees much of America's cyber warfare and defense. Air Force Lt. Gen. Timothy Haugh, the current deputy commander of Cyber Command, would replace Army Gen. Paul Nakasone, who has led both organizations since May 2018 and was expected to step down this year, according to a notice sent by the Air Force this week and confirmed by a person familiar with the announcement. The person spoke on condition of anonymity to discuss personnel matters not yet made public. If confirmed, Haugh will take charge of highly influential U.S. efforts to bolster Ukraine's cybersecurity and share information with Ukrainian forces fighting Russia's invasion. He will also oversee programs to detect and stop foreign influence and interference in American elections, as well as those targeting criminals behind ransomware attacks that have shut down hospital systems and at one point a key ..

No deal has yet been reached, says Joe Biden after debt ceiling talks

US President Joe Biden and Republican House Speaker Kevin McCarthy have called their latest talks on the debt ceiling productive, but no deal has yet been reached

Debt call with McCarthy 'went well', will talk again today: Joe Biden

"It went well," the president told reporters as he arrived back at the White House after a three-day meeting with G7 leaders in Japan. "We'll talk tomorrow"

As the race for AI domination intensifies, Apple looks for talent

Apple has posted around a dozen openings on its career page inviting applications from professionals in generative AI

'Silly balloon' changed it all: says US President Biden on US-China ties

Meanwhile, China tells tech makers to stop using Micron chips

US President Joe Biden talks 14th Amendment to override Congress on debt

'Can't guarantee GOP would not force a default'

Biden, McCarthy to meet Monday for debt limit talks after productive call

House Speaker Kevin McCarthy said Sunday that he and President Joe Biden will meet on Monday in person to discuss raising the nation's debt limit. McCarthy, R-Calif., and Biden spoke by phone as the president was flying back from a trip to Japan. McCarthy said the call was productive. Talks to keep the federal government funded have been off-again, on-again for several days, and McCarthy indicated negotiations would resume later Sunday. Both sides have said progress was being made but that they remain far apart. The Treasury Department has said an agreement should be reached before funding runs dries early next month. President Joe Biden said Sunday that Republicans in the U.S. House must move off their "extreme positions" on the now-stalled talks over raising America's debt limit and that there would be no agreement to avert a catastrophic default only on their terms. In an effort to get negotiations back on track, Biden was set to call U.S. House Speaker Kevin McCarthy, R-Calif.

GOP must move off extreme positions on raising debt limit, says Joe Biden

President Joe Biden said on Sunday that Republicans in the US House must move off their "extreme positions" on the now-stalled talks over raising America's debt limit and that there would be no agreement to avert a catastrophic default only on their terms. It's time for Republicans to accept that there is no bipartisan deal to be made solely, solely, on their partisan terms," Biden said in Hiroshima, Japan, where he attended the Group of Seven summit. Biden said he had done his part in trying to raising the debt ceiling so the US government can keep paying its bills. Now it's time for the other side to move from their extreme position, he said. Biden and US House Speaker Kevin McCarthy, R-Calif., were expected to talk later Sunday, likely as Biden flew home on Air Force One after cutting short his trip in light of the strained negotiations. My guess is he's going to want to deal directly with me in making sure we're all on the same page," Biden said of McCarthy, adding that he ...

Debt limit standoff brings little action, world leaders watch for progress

Debt limit negotiations between the White House and House Republicans hung over the weekend with tough talk but little action, as President Joe Biden and world leaders kept watch from afar hoping high-stakes discussions would make progress on avoiding a potentially catastrophic federal default. The Biden administration and House Speaker Kevin McCarthy, R-Calif., are racing for a budget deal that would pave the way to increase the nation's debt limit. Republicans are demanding steep spending cuts that Democrats oppose as too severe. The two sides are up against a deadline as soon as June 1 to raise its borrowing limit, now at USD 31 trillion, so the government can keep paying the nation's bills. With talks frozen on Saturday as each side accused the other of being unreasonable, Biden was frequently briefed on the status of negotiations and directed his team to set up a call with McCarthy on Sunday morning, after he concludes meetings at the Group of Seven summit in Hiroshima, ...

Can Biden's hard-hat environmentalism bridge divide on clean energy future?

When John Podesta left his job as an adviser to President Barack Obama nearly a decade ago, he was confident that hundreds of miles of new power transmission lines were coming to the Southwest, expanding the reach of clean energy throughout the region. So Podesta was shocked to learn last year, as he reentered the federal government to work on climate issues for President Joe Biden, that the lines had never been built. They still hadn't even received final regulatory approval. These things get stuck and they don't get unstuck, Podesta said in an interview with The Associated Press. Podesta is now the point person for untangling one of Biden's most vexing challenges as he pursues ambitious reductions in greenhouse gas emissions. If the president cannot streamline the permitting process for power plants, transmission lines and other projects, the country is unlikely to have the infrastructure needed for a future powered by carbon-free electricity. The issue has become an unlikely ..

Biden aims to assure world leaders that US won't default on its debt

President Joe Biden tried to reassure world leaders on Saturday that the United States would not default as he consulted with the heads of Australia, Japan and India in a meeting of the so-called Quad partnership that had been hastily rescheduled because of the debt limit standoff back in Washington. Hoping to avert an outcome that would rattle the global economy and prove to be a boon to Beijing, Biden opened his third day in Japan at the annual Group of Seven meeting of the world's most powerful democracies with a briefing from his staff on the latest fits and starts in talks over how to raise the federal debt limit. The president also squeezed in meetings aimed at challenging China's buildout across the Indo-Pacific. The Quad members originally had planned to meet in Sydney next week, but got together instead on the sidelines of the G7 so Biden could return to Washington earlier on Sunday in hopes of finalising a deal to increase the U.S. borrowing limit before the government run

US Prez Biden tours 1,400-year-old shrine in Hiroshima with G7 leaders

The 1,400-year-old shrine is located on the island of Itsukushima (popularly known as Miyajima). It is best known for its "floating" torii gate